CHICAGO—The Illinois Division of Financial Institutions has suspended the operations of St. Elizabeth's Credit Union for 60 days in an order issued on August 9.
Fresh Today
ST. PETERSBURG, Fla.–Teachers Credit Union, the largest credit union in Indiana, has signed a renewal agreement for credit card processing services with PSCU, the CUSO has announced.
LONDON—Barclays has become the first bank in the U.K. to announce Apple’s digital voice app Siri will support its mobile banking app, enabling account holders to make payments to anyone in their iPhone contacts list completely hands-free using the virtual assistant.
ALEXANDRIA, Va.—Federally insured credit unions across the country saw continued improvement in nearly every category during the second quarter of 2017, according to state-level data released by NCUA, which also shows that Nevada and Washington, respectively, are leading the nation in loan growth.
WASHINGTON–The House of Representatives has passed HR 3354, an appropriations bill that contains a number of provisions of interest to credit unions.
TAMPA, Fla.—If many Florida CUs are restocking ATMs and cash drawers this week it is not due only to Irma, according to one CEO.
WASHINGTON—Senator Elizabeth Warren (D-MA), who opposes efforts to dismantle a new CFPB rule allowing consumers to sue financial companies in class actions, has released letters from U.S. bank CEOs in which they declined to defend lobbying against the measure and several said they already comply with it.
WASHINGTON—NAFCU President and CEO Dan Berger and Small Business Administration Administrator Linda McMahon signed a new Memorandum of Understanding yesterday aimed at improving access to credit union small-dollar loans to small businesses across the nation.
WASHINGTON—Three members of the Senate Banking Committee told attendees at NAFCU’s Congressional Caucus about the great service credit unions provide to their communities, with one senator calling it a “true tragedy” that one credit union disappears almost every day.
DUPONT, Wash.–Community 1st Credit Union here has named a new CEO to succeed the retiring Roger Gieseke.